Ij fjjyn?£ITY  OFlfl  ? f ' H « Y 


FULTON 

MINING  COMPANY. 


THE 


'WSftARY 
OF  TH£ 

UNIVERSITY  OF  ILUNfF  - 


Jfultnn  fining  Cwmpng 


|N  E W - Y o R K : 

WM.  H.  ARTHUR  & CO.,  STATIONERS, 
NO.  S 9 NASSAU-STREET.O 

1853. 


OFFICERS 


Jftdtfltt  fining  Cffntpaitg. 

1853. 


STEPHEN  CROCKER,  President,  No.  51  Wall-street,  N.  Y. 

TRUSTEES. 

Stephen  Crocker,  Esq.,  of  New-York. 

Stephen  Ball,  M.  D.,  of  Boston,  Massachusetts. 

Alfred  Douglas,  Esq.,  of  New-York. 

Joseph  R.  Taylor,  Esq.,  of  New-York. 

Charles  A.  Secor,  Esq.,  New-York. 

Joseph  W.  Ward,  Esq.,  New-York. 

William  H.  Stevens,  Esq.,  of  Eagle  Harbor,  Michigan. 

OFFICERS. 

Joseph  R.  Taylor,  Treasurer , No.  88  Chambers-st.,  N.  Y. 
Jerome  Lott,  Secretary , 51  Wall-st., 

Wm.  H.  Stevens,  Local  Director , Eagle  Harbor,  Michigan. 

temporary  office, 

No.  35  Wall-street,  New-York. 

permanent  office, 

31  Insurance  Building,  51  Wall-street,  New-York. 


ifttUnit  Joining  Cnmpamj 


The  object  of  this  Company  is  to  work  a tract  of  Min- 
eral Land,  on  the  southern  shore  of  Lake  Superior ; and 
to  reduce  the  mineral  to  a marketable  condition.  For  that 
purpose  it  has  been  incorporated  under  the  general  law  of 
the  State  of  New- York,  for  the  incorporation  of  manufac- 
turing, chemical,  and  mining  companies;  and  has  procured 
the  title  to  three  thousand  acres  of  land,  situated  exclu- 
sively upon  the  great  metalliferous  belt  of  Keweenaw 
Point,  south  and  east  of  the  hard,  crystalline,  non-metalli- 
ferous  trappean  rock,  and  north  and  west  of  the  belt  of 
sandstone  which  binds  the  south-eastern  shore  of  that  Point. 
These  lands  constitute  a portion  of  those  leases  to  Major 
Forsyth  in  1845,  by  the  War  Department,  and  which  were 
partially  prospected  by  a company  during  the  two  or  three 
following  years.  That  company  limited  its  operations  to  a 
single  mine,  which  it  had  finally  to  abandon  through  in- 
adequacy of  means.  The  succeeding  proprietors  resumed 
work  at  the  same  point,  and  demonstrated  the  extensive- 
ness of  the  vein  by  opening  the  ground  to  a distance  of 
about  eight  hundred  feet  from  the  original  shaft,  thence 
drifting  towards  it,  opened  up  the  same  vein,  and  fully 
proved  its  richness  in  both  copper  and  silver,  in  masses 
and  ore. 

Several  other  veins  have  been  discovered  on  the  loca- 
tion, among  them  an  ancient  digging,  each  of  which  bears 
the  promise,  from  locality  and  surface  indication,  of  great 
productiveness.  All  that  is  required  to  make  these  mines 
as  profitable  as  any  in  the  country,  is  a capital  sufficient  to 
thoroughly  work  them.  And  with  the  view  of  obtaining 


! 008090 


4 


means  to  ensure  the  application  of  adequate  machinery  and 
labor  to  the  enterprise,  the  former  holders  have  parted 
with  a controlling  interest  in  it.  The  present  company  de- 
sign urging  the  work  forward  in  the  most  approved  and 
vigorous  manner ; being  well  convinced  that  in  such  works 
as  these,  as  in  most  others,  profitable  investment  is  greatly 
dependent  on  appropriate  and  energetic  application.  One 
of  the  trustees  of  large  experience  will  devote  himself  to 
the  local  direction  of  the  Company’s  works,  and  only  such 
machinery  as  experience  has  approved,  will,  under  any 
circumstances,  be  introduced  to  it. 

The  accompanying  documents,  being,  in  part,  responses 
from  gentlemen  of  the  largest  experience  and  most  exten- 
sive scientific  knowledge  of  the  Lake  Superior  country,  to 
inquiries  submitted  to  them  relative  to  the  location  of  this 
Company;  and  a portion  from  official  returns  made  to 
Congress  ; together  with  extracts  from  a recent  publication 
on  the  general  character  of  the  mineral  region  of  Lake 
Superior,  are  respectively  referred  to,  in  evidence  of  the 
capability  of  the  location  for  successful  enterprise. 


\ 


' Ac‘kerma'n.Iifti37^BioadLwa5rT!TT. 


5 


Letter  of  W.  H.  Stevens,  Esq.,  of  Eagle  Harbor , 

Lake  Superior. 

Gentlemen, — The  location  of  the  Fulton  Mining  Com- 
pany is  situated  upon  Keweenaw  Point,  Lake  Superior,  in 
the  State  of  Michigan,  and  comprises  the  following  tracts  : 

Sections  27,  33,  and  34. 

West  half  of  Sections  26,  35. 

South-west  quarter  of  Sec.  23,  south-east  quarter  of 
Sec.  28. 

East  half  of  south-east  quarter,  and  south-west 
quarter  of  south-east  quarter  of  Section  22,  all  in  Town- 
ship 57  north,  of  Range  32  west.  Together  making  3,000 
acres  of  land.  ♦ 

Kearly  the  whole  of  this  land  is  situated  upon  the  great 
metalliferous  range  of  Keweenaw  Point,  and  is  covered 
by  a fine  growth  of  timber  suitable  for  the  various  uses 
required  about  a mine,  and  is  capable  of  furnishing  an  un- 
limited supply  for  many  years.  There  are  several  dwel- 
ling-houses erected,  as  well  as  a carpenter’s  and  black- 
smith’s shop,  barn,  and  other  out-houses.  A road  is  cut 
out  to  the  mouth  of  Gratiot  River,  on  the  Lake  shore,  a 
distance  of  five  miles,  and  a good  warehouse  has  been 
built  at  this  point.  The  road  descends  gradually  to  the 
Lake  without  any  heavy  grades. 

With  the  exception  of  a few  acres,  the  whole  extent  of 
the  tracts  belonging  to  this  Company  are  comprised  with- 
in the  limits  of  the  metalliferous  belt  of  Keweenaw 
Point.  The  surface  is  quite  broken,  and  the  rock  displays 
itself  in  numerous  low  ridges,  which  run  in  a general 
north-easterly  and  south-westerly  direction.  The  location 
has  not  yet  been  sufficiently  explored  to  render  it  possible 
to  give  a full  description  of  its  interesting  geological  position, 
between  the  transverse  or  north  and  south  veins  of  Kewee- 
naw Point,  and  the  longitudinal,  or  east  and  west  veins  of 
the  Ontonagon.  Several  veins  have,  however,  been  dis- 
covered, but,  with  one  exception,  they  have  not  been 
opened  sufficiently  to  justify  anything  more  being  said  of 
them  than  that* they  are  regular,  well-defined  veins,  com- 


0 


posed  of  the  same  vein-stone  as  the  other  productive  veins 
of  the  country,  and  situated  upon  rocks  of  the  same  range 
and  character. 

The  vein  which  has  been  worked  to  some  extent  is  situa- 
ted on  Section  33  ; its  course  is  N.  9 1-2°  W.,  and  its  dip 
nearly  vertical.  The  annexed  section  will  give  an  idea  of 
the  amount  of  work  which  has  been  executed  upon  it.  It 
has  been  opened  at  several  points  along  a line  of  some  800 
feet  in  length.  Shaft  No.  4 has  been  sunk  about  70  feet, 
and  shows  the  vein  to  vary  from  6 to  30  inches  in  width. 
The  gangue  of  the  vein  is  principally  epidote  mixed  with 
calc-spar,  prehnite,  and  quartz.  From  this  shaft  a level 
was  driven  south  30  feet,  at  a point  30  feet  below  the 
surface.  From  this  level  some  25  or  30  tons  of  rich  bar- 
rel and  stamp  work  were  taken,  and  masses  weighing 
from  200  lbs.  downward.  Shafts  No.  2 and  3 were  sunk 
some  25  or  30  feet,  and  at  each  of  these  points  the  vein 
was  found  to  have  good  and  well-defined  walls,  and  to  con- 
tain considerable  native  copper  and  silver ; of  the  latter 
metal  to  an  extent  unequaled  by  any  mine  in  the  country 
on  which  the  same  amount  of  work  had  been  done. 

Upon  the  whole,  I consider  this  location  to  present  indi- 
cations too  favorable  to  be  allowed  to  lie  dormant. 

I remain,  your  obed’t  serv’t, 

W.  H.  Stevens. 

To  Stephen  Crocker,  Esq.,  and  others. 


Letter  of  J.  D.  Whitney.  * 

Gentlemen, — The  vein  of  the  Forsyth  Company,  which 
has  been  opened  in  several  places,  bears  N.  9J°  W.  It 
appears  to  be  from  one  to  two  feet  width  on  the  surface. 
The  vein  stone  is  calcareous  spar,  with  some  quartz,  preh- 
nite, and  chlorite,  resembling  the  gangue  of  the  productive 
veins  of  Keweenaw  Point.  The  vein  is  well-defined,  and 
the  surface  indications  sufficiently  favorable  to  warrant  an 
expenditure  for  opening  and  thoroughly  proving  it.  Con- 


7 


siderable  copper  and  an  unusually  large  proportion  of  sil- 
ver were  found  with  the  vein-stone.  The  mine  is  favora- 
bly situated  in  all  respects  for  working ; and  it  is  worthy 
of  remark,  that  the  location  owned  by  the  Company  has 
been  very  little  explored,  so  that  there  is  good  reason  to 
believe  that  a careful  examination  of  the  property  of  the 
Company  would  lead  to  the  discovery  of  valuable  veins. 

Yery  respectfully  yours, 

J.  D.  Whitney, 

U.  S.  Geologist , etc. 

To  S.  Crocker,  Esq.,  and  others. 


Letter  of  S.  W.  Hill,  Esq.,  late  of  the  TJ.  S.  Geological 
Survey , Superintendent  of  the  Copper  Falls  Mine . 

Gentlemen, — Having  made  an  examination  and  survey 
of  the  Mine  of  the  Fulton  Mining  Company,  I herewith 
transmit  to  you  the  result. 

The  vein  is  situated  near  the  centre,  and  crosses  at  right 
angles  a small  uplift  of  amygdaloidal  trap,  in  section  33, 
township  57  North,  range  32  West.  It  is  well-defined, 
and  highly  charged  with  native  copper,  and  particles  of 
silver  are  not  unfrequent.  From  the  quantity  of  these  rat- 
als, the  character  of  the  vein-stone,  and  the  adjoining  rock, 
as  well  as  its  geological  position,  I do  not  hesitate  to  recom- 
mend it  to  any  well-organized  mining  company,  as  a mine 
well  worthy  of  the  attention  of  capitalists,  and  think  that 
they  would  be  rewarded  for  their  investment. 

I remain,  your  obedient  servant, 

S.  W.  Hill, 

Late  Assistant  U.  S.  Geologist 

To  Stephen  Crocker,  Esq.,  and  others. 


8 


Extracts  from  the  Report  of  J.  W.  Foster  and  J.  D.  Whit- 
ney, United  States  Geologists , on  the  Copper  Lands  of  the 
Lake  Superior  Land  District. 

“ The  Forsyth  [Fulton]  Mine  occurs  in  the  south-west 
quarter  of  section  33,  T.  57,  E.  32.  The  vein,  which  bears 
N.  9J°  W.,  is  distinctly  seen  cutting  a hill  which  rises  a 
hundred  feet  above  the  surrounding  plain.  Two  years 
ago  a shaft  was  sunk  to  the  depth  of  70  feet,  and  two 
others  to  an  inconsiderable  depth,  since  which  time  the 
work  has  been  abandoned.  As  the  water  has  filled  these 
excavations  it  was  impossible  for  us  to  examine  the  bay 
critically.  From  the  vein-stone  brought  to-day,  copper,  in 
sheets  and  disseminated,  was  found  in  considerable  abund- 
ance. Native  silver  was  also  found  in  this  association,  to 
an  extent  thus  far  unobserved  in  any  other  mine  on  Lake 
Superior.” 

[See  Exec.  Doc.  No.  69,  Page — , 31s£  Congress. 


Extract  from  the  Report  of  the  Statistics  of  the  Mines  of  Keweenaw  Point , hy  Messrs.  J.  W.  Foster  and  S.  W. 

Hill,  U.  S.  Geologists. 


9 


2 


See  Exec.  Doc.,  No.  5,  page  764,  31st  Congress,  1st  Session. 


10 


EXTE ACTS 

From  a recent  publication  on  the  General  Character  of  the 
Mineral  Region  of  Lake  Superior. 


11  The  mineral  district  of  Lake  Superior  has  assumed  an 
importance  which  is  attracting  the  attention  of  capitalists 
both  at  home  and  abroad,  and  its  development  now  ranks 
as  one  of  the  important  commercial  interests  of  the  coun- 
try ; and,  though  little  has  yet  been  done,  the  product  of 
the  present  year  will  probably  reach  the  amount  of  three 
thousand  ions  of  copper,  thereby  contributing  nearly  one 
and  a half  millions  of  dollars  to  the  wealth  of  the  country  ; 
and  the  period  is  not  far  distant  when  the  product  will  be 
equal  to  the  wants  of  our  own  country  ; and  when  mining 
operations  shall  be  carried  on,  on  the  comprehensive  sys- 
tem which  characterises  similar  pursuits  in  other  countries, 
it  is  probable  that  the  mineral  region  of  Lake  Superior 
will  become  one  of  the  principal  sources  of  supply  for  the 
world. 

“ It  is  an  established  fact  that  the  copper  veins  of  the 
Lake  Superior  district  surpass  in  richness  any  which  have 
yet  been  discovered,  and  in  no  other  locality  is  the  metal 
found  in  its  native  state  in  such  purity  and  quantity  as 
here.  In  the  “ Cliff”  Mine,  single  masses  of  over  eighty 
tons  have  been  met  with,  and  in  the  Minnesota  they  have 
recently  exposed  a mass  of  seventy-five  tons,  while  on  the 
Copper  Falls  location,  masses  of  thirty  and  forty  tons  are 
encountered,  and  the  mine  is  yet  in  its  infancy. 

“ Hitherto  this  subject  has  failed  to  arrest  the  public 
attention,  and  the  attempts  which  have  been  made  to  open 
and  work  the  promising  veins,  have  been  looked  upon  as 
wild  speculations,  except  by  the  comparatively  few  who 
had  investigated  the  subject;  but  the  success  which  has 
attended  the  operations  of  the  Cliff,  Minnesota,  Copper 


11 


Falls  and  other  mines,  has  produced  a wonderful  change 
in  the  public  mind,  and  1 copper  stocks’  are  advancing  in 
favor  daily. 

“ The  scarcity  of  copper,  and  the  great  advance  which 
has  taken  place  in  the  price,  together  with  the  favorable 
advices  which  come  to  hand  by  each  successive  mail  from 
Lake  Superior,  of  the  development  and  progress  of  the 
several  mines  in  operation,  has  entirely  changed  the  feel- 
ing which  has  hitherto  prevailed ; and  there  is  a strong 
disposition  manifested  by  all  parties,  (many  of  whom  have 
hitherto  looked  with  doubt  and  distrust  upon  mining  op- 
erations,) to  secure  an  interest  in  mines,  the  productive- 
ness of  which  has  already  been  established,  or  in  those 
which  are  less  advanced,  but  which  are  known  to  be 
under  good  management,  and  which  give  good  promise  of 
success. 

“ When  operations  were  first  commenced  in  this  district, 
the  country  was  an  unbroken  wilderness,  many  hundred 
miles  beyond  the  confines  of  civilization,  and  but  little 
was  known  of  the  character  and  nature  of  the  veins.  It 
was  difficult  to  secure  capital  to  “prove  up”  the  coun- 
try, and  the  undertaking  was  beset  with  almost  insur- 
mountable obstacles.  The  want  of  experience  and  a pro- 
per knowledge  of  the  country,  led  to  the  expenditure  of 
large  sums  of  money  without  any  profitable  result.  Near- 
ly all  who  were  interested  in  the  first  attempts  to  work  the 
mines  on  the  southern  shore  of  Lake  Superior  became  dis- 
couraged, and  declined  to  pay  further  assessments  on  their 
stock,  and  as  the  Companies  had  no  capital,  except  such  as 
was  realized  from  assessments  on  the  shareholders  from 
time  to  time,  most  of  them  failed  and  abandoned  the  un- 
dertaking. Many  of  the  shareholders  in  the  Copper  Falls 
Company  forfeited  the  stock  rather  than  pay  an  assessment 
of  fifty  cents  per  share  ; and  the  immense  masses  and  rich 
deposits  which  have  rewarded  the  proprietors  of  the  Cliff 
Mine,  might  have  remained  undisturbed  for  a much  longer 
period,  but  for  the  great  confidence  which  the  President  of 
the  Company  had  in  the  value  and  ultimate  success  of  the 


LIBRARY 

UNIVERSITY  OF  ILLINOIS 


12 


mine,  which  induced  him  to  make  liberal  advances  from 
his  private  purse. 

“ But  the  whole  aspect  of  things  is  now  changed.  The 
country  has  been  thoroughly  explored,  and  science  and  ex- 
perience have  established  the  character  of  the  veins,  and 
designated  the  points  where  they  may  be  profitably  work' 
ed,  and  the  manner  in  which  they  should  be  opened.  Ex- 
perience has  proved  that  a mine  cannot  be  made  to  pay 
except  by  a liberal  expenditure  of  money.  The  success 
which  has  attended  the  Cliff  and  other  mines,  establishes 
the  fact  of  the  great  value  of  any  well  defined  vein,  favor- 
ably located,  when  efficiently  and  properly  opened  and 
worked.  Notwithstanding  the  obstacles  and  difficulties  which 
the  Cliff  Mine  encountered  in  its  early  history , it  has  already 
paid  back  four  times  the  amount  of  its  original  capital.  Its 
net  earnings  for  the  year  1852  were  one  hundred  per  cent  on 
its  capital , and  its  estimated  product  for  the  present  year , at  the 
price  of  copper  now  current , will  be  equal  to  two  hundred  per 
cent,  net  on  its  capital ; and  this  result  has  been  achieved  with 
the  comparatively  small  force  of  about  eighty  miners , and  the 
vein  has  been  opened  only  1,200  feet  in  extent , and  some  500 
feet  in  depth. 

“ Several  of  the  mines  now  working  promise  as  favora- 
ble results  when  opened  to  the  same  extent.  It  is  believed 
that  no  mineral  district  in  the  world  can  be  worked  with 
such  certainty  of  success  as  the  veins  on  the  south  shore  of 
Lake  Superior;  and  the  time  has  arrived  when  they 
should  be  developed  upon  the  extensive  and  comprehen- 
sive principle  of  legitimate  and  enlightened  commercial 
enterprise.  This  is  demanded  by  their  importance,  mag- 
nitude and  productiveness.  It  is  important  that  companies 
should  be  organized  with  ample  capital  at  the  start,  to  ma- 
ture and  develop  the  works,  and  with  means  in  hand  to 
bring  the  enterprise  to  successful  results  with  as  little  delay 
as  possible,  and  not  be  embarrassed  with  prolonged  liabili- 
ties, to  be  met  with  repeated  calls  of  assessments  wholly 
inadequate  to  a vigorous  and  profitable  system  of  mining. 

“ The  advantages  of  this  plan  are  obvious ; as  the  history 


13 


of  all  mining  enterprises  lias  shown,  that  they  can  only  be 
made  profitable  by  a liberal  and  judicious  expenditure  of 
capital  at  the  outset.  It  is  reasonable  to  believe  that  a mine 
can  be  opened  and  made  to  pay  in  a much  shorter  period, 
with  ample  means  in  hand,  than  by  attempting  to  make 
the  mine  pay  its  way  by  working  a small  force,  or  by  call- 
ing in  feeble  and  insufficient  assessments  from  time  to  time, 
under  which  system  a mine  is  slowly  developed,  and  if 
eventually  successful,  it  is  after  a long  period  of  unneces- 
sary delay. 

“ At  no  former  period  have  the  inducements  been  so  great 
to  engage  in  a mining  enterprise  as  at  present.  A com- 
pany commencing  operations  now  reaps  the  benefit  of  all 
the  experience  which  has  been  paid  for  by  the  pioneer 
companies,  and  the  country  has  been  so  thoroughly  proved 
up,  that  mining  can  no  longer  be  considered  an  experiment. 
The  existence  of  immense  deposits  of  native  copper  in 
well  defined  veins  on  the  southern  shore  of  Lake  Superior 
is  a fixed  fact,  and  the  success  which  has  attended  the  ope- 
rations of  the  “ Cliff,”  Copper  Falls,  and  other  profitable 
mines,  shows  that  it  only  requires  sufficient  capital,  judi- 
ciously expended  under  the  management  of  experienced 
men,  to  insure  large  and  profitable  returns.  Since  the 
period  when  the  Cliff  Mine  paid  its  first  dividend,  the  price 
of  copper  has  nearly  trebled  in  value,  and  both  the  home 
and  foreign  markets  are  nearly  bare.  The  quantity 
hitherto  furnished  by  Australia  and  South  America  is 
largely  diminished  by  the  suspension  of  the  Australian 
mines  since  the  discovery  of  gold  in  that  region,  and  the 
increased  yield  and  new  workings  of  the  silver  . mines  of 
South  America  is  likely  to  lead  to  a diminished  supply 
from  that  quarter.  The  mineral  region  of  Lake  Superior 
must  be  looked  to  as  a principal  source  of  supply,  and  the 
results  which  have  already  been  attained,  will,  no  doubt, 
lead  to  the  introduction  of  foreign  capital  and  to  the  speedy 
development  of  the  promising  veins  of  the  country. 

“ The  general  government  have  made  a donation  of 
750,000  acres  of  land  for  the  purpose  of  constructing  a 


14 


canal  around  the  Falls  of  St.  Mary,  and  the  work  is  to  be 
commenced  immediately,  under  the  direction  of  the  State 
authorities  of  Michigan,  and  will,  probably,  be  completed 
within  a period  of  two  years,  which  will  give  an  uninter- 
rupted communication  by  water  through  the  Great  Lakes 
and  the  St.  Lawrence  to  the  ocean,  and  copper  can  be  taken 
directly  from  the  Lake  Superior  Mines  and  landed  in 
Liverpool  or  London  without  transhipment.  The  Legis- 
lature of  Michigan,  at  its  recent  session,  enacted  a general 
charter-law  of  the  most  liberal  character,  with  a view  to 
encourage  the  introduction  of  capital,  for  the  purpose  of 
developing  the  vast  mineral  wealth  of  the  upper  peninsula. 
It  is  a subject  every  way  worthy  of  the  encouragement  of 
government  and  of  the  attention  of  men  of  enterprise  and 
capital.  Copper  mining  in  the  Lake  Superior  district  has 
become  as  legitimate  an  object  of  commercial  enterprise  as 
navigation,  manufacturing,  or  any  thing  else.  A mine  can 
be  opened  and  made  to  pay,  under  proper  management,  for 
about  the  cost  of  a first-class  clipper  ship,  and  enterprises 
are  undertaken  daily,  involving  a greater  outlay  of  capital 
and  more  risk.” 


15 


n g li £ f)  Copper  ill  i n e 0 , 


mSRUARY,  1853. 


No.  of  Shares. 

Paid  in. 

Present  Price. 

Am’t  div.  paid. 

Alfred  Consols 

.5120. .. 

.£2  16s.. 

....  £17%.. 

. . £5 

16 

0 

Bedford  United.  Tavistock  4000. . , 

..  2%. 

...  10  .. 

4 

2 

0 

Botallack  (tin,  copper). . . 

. 100.., 

..  182#. 

...600  .. 

..  470 

10 

0 

Carn  Brea  (tin.  copper) . . 

.1000... 

..  15  . 

. . . 82 

..  214 

0 

0 

Comford,  Gwennap 

. 128.. 

..  75  . 

..  . 60 

Condurrow  (copper,  tin).. 

. 256.. 

. . 20  . 

...  112%.. 

. . 25 

0 

0 

Devon  Great  Consols. . . . 

.1024... 

1 . 

...430  .. 

..  304 

0 

0 

Dolcoath  (copper,  tin) 

. 180... 

..  257% . 

...  60  .. 

..  855 

14 

0 

East  Pool  (tin,  copper) . . . 

. 128.., 

..  24%. 

. . . 145 

. . 233 

0 

0 

East  Wheal  Crofty 

. 94.., 

..125  . 

. . . 65 

..  840 

0 

0 

Fowey  Consols 

. 494... 

. . 40  . 

. . . 30 

Gonamena 

.1024.. 

..  12%. 

...  12  .. 

0 

7 

6 

Great  Consols 

. 96... 

..1000  . 

...200  .. 

. . 353 

6 

8 

Lewis  (tin,  copper) 

.1000. . 

. . 17  . 

...  10  .. 

2 

0 

0 

Levant  (copper,  tin) 

. 160.. 

..  2%. 

...155  .. 

. .1036 

0 

0 

North  Pool  (copper,  tin). . 

. 200.. 

..  22%. 

...  330 

..  263 

0 

0 

North  Roskear 

. 140.. 

..  10  . 

,...180  .. 

..  240 

10 

0 

North  Wheal  Basset 

.6000.. 

. . — . 

...  11  .. 

1 

6 

0 

Par  Consols 

.6400. . 

..  1%. 

...  19%.. 

. . 22 

1 

0 

Perran  St.  George  (cop.  tin)  1160. . , 

..  2U£. 

. ./.  40  . . 

1 

15 

0 

Phoenix  (copper,  tin) 

. 200... 

. . 30  “ . 

...  750 

..  240 

0 

0 

South  Caradon 

. 256... 

..  2%. 

...200  .. 

. . 267 

10 

0 

South  Tolgus 

. 256.. 

. . 16  . 

...250  .. 

. . 56 

0 

0 

South  Wheal  Frances. . . 

. 248... 

..  37%. 

...185  .. 

..  211 

15 

0 

St.  Aubyn  and  Grylls 

.1024.. 

3 . 

...  7%  . 

..  0 

17 

6 

Stray  Park  & Camborne 
Vean 

| 1000.. 

..16  . 

...  8%.. 

..  11 

10 

0 

Tincroft  (copper,  tin) 

.6000.. 

..  7 . 

11  .. 

6 

8 

0 

Treleigh  Consols 

. .5000.. 

..  6 . 

2 .. 

1 

3 

0 

Tresavean 

..  96.. 

..  32%. 

140  .. 

..4680 

15 

0 

Trethellan 

,.  120.. 

5 . 

14  .. 

..  402 

10 

0 

Treviskey  and  Barrier. . . 

..  120.. 

..130  . 

...  90  . . 

..  295 

10 

0 

United  Mines 

..  400.. 

. . 40  . 

377  .. 

..  23 

15 

0 

Wellington  (copper,  tin).. 

.1024.. 

..  7%. 

8 .. 

2 

2 

6 

West  Caradon 

. 256.. 

. . 20  . 

...310  .. 

..  198 

5 

0 

Wheal  Basset 

. 256.. 

..  10%. 

,...575  .. 

..  370 

0 

0 

Wheal  Brewer 

..  256.. 

4 , 

. . . . 22%  . . 

5 

0 

0 

Wheal  Buller 

, . 256.. 

5 , 

....1250  .. 

..  242 

10 

0 

Wheal  Clifford 

..  250.. 



150  .. 

1 

8 

2 

Wheal  Friendship 

..  128.. 

..120  , 

....  112%.. 

..2349 

10 

0 

Wheal  Seton  (tin,  copper).  198. . 

..107  . 

....  190  .. 

..  227 

10 

0 

Wheal  Tremayne  (tin,  cop.)  1024 . . 

..  9%. 

....  27  ., 

..  9 

5 

0 

16 


Cake  Superior  Jflinittg  Styare  Ciat. 


MAECH,  1853. 


No.  of  Shares.  Paid  in.  Present  Price. 

Boston  and  Pittsburg  Mining  Co 6000 $18  50 $150  00 

Minnesota 3000 22  00 155  00 

Copper  Falls 10000....  8 00....  50  00 

Northwest 10000 15  00....  25  00 

North  American 10000 17  00 38  00 

Northwestern 10000 8 00 13  00 

Norwich 20000....  3 00....  7 50 

Forest 10000 8 00 14  00 

Dana 10000 2 00 5 00 

Native  Copper 5000 1 50 7 00 

Toltec 20000 2 00 6 00 

Douglass  Houghton 10000. ...  5 00 6 00 

Phcenix 10000 7 00....  12  00 

Winthrop ....10000,...  0 75 3 00 

Iron  City 10000. 2 50....  1 00 

National 10000 2 00 13  00 

Ohio  Trap  Rock 10000 5 00....  12  00 

Windsor 20000....  1 00 3 00 

Flint  Steel 10000. ...  50. . . . 5 00 

Isle  Roy  ale 10000....  1 00....  6 00 


“ The  whole  amount  paid  in  on  the  twenty  most  promi- 
nent Mines  of  the  Lake  Superior  Copper  Region  enumerated 
above,  is  equal  to  $1,122,000.  The  total  value  of  these 
Mines,  at  the  present  price  of  the  stocks,  is  equal  to 
$8,760,000.  . The  amount  of  copper  received  from  all  the 
mines  up  to  the  opening  of  navigation,  in  1853,  is  estimated 
at  10,400  tons,  equal  in  value  to  $3,000,000.” 


\ 


